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How can so many people buy houses in Cambodia now?
In today's Cambodia, the main reason why many people buy houses is that the rental return rate of real estate in Phnom Penh, Cambodia reaches 6.92%, surpassing most developed countries, ranking fourth in the world and first in Southeast Asia! Cambodia is the only country in Southeast Asia that is denominated in US dollars, and it has strong anti-risk ability. At present, Cambodia's real estate is at a low point, and the capital Phnom Penh is the capital city with the lowest real estate price in Asia, so there is huge room for appreciation.
The real price increase in Phnom Penh, Cambodia exceeds 10% every year, even higher in some areas, and the ratio of house price to rental and sale reaches 7-8%.
Cambodia's real estate market is really open to overseas, but it is only five or six years, and Phnom Penh, as the capital of Cambodia, has just entered a rapid development channel. The future appreciation of real estate in Phnom Penh can be expected, and the appreciation potential behind it is undoubtedly huge.
Look at the skyrocketing land price in Phnom Penh and the number of apartments that are "in short supply". Everything is beginning to take shape.
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